Scheme for National Award for Excellent Performance of Civil Sector Firms towards Indigenisation of Defence Stores and Equipment :
Involvement of Indian Industry in the Defence preparedness is required to progressively increase in view of rapidly changing international scenario.
There is urgent need to become self reliant in spares required in imported equipment / systems particularly with reference to East European block of countries.
With greater access to the development World, the private sector is now well placed for for taking initiatives to achieve self-reliance and reduce the burden of imports.
A scheme for National award for excellence in indigenisation of Defence Equipment has been introduced with a aim of recognizing the efforts put in by Indian Industry in meeting Defence requirements of equipment which are currently being imported and to motivate them to take indigenisation of more and more items involving higher technology.
In order to encourage indigenisation in all areas two awards will be given every year in cash of above mentioned categories. The cash prizes are Rs. 50,000.00 (Rupees Fifty Thousand Only) for the first and Rs. 30,000.00 (Rupees Thirty Thousand Only) for the second winner in each category along with a scroll of honour.
All manufacturers of defence stores except units set up by the Ministry of Defence under their direct control will be eligible for the Award provided have successfully executed atleast one supply order during a financial year. Supply orders considered in one year shall not be considered in the subsequent years.
List of firms who were awarded National Awards for Excellence in Indigenisation in the last five years.